Newsletters


October
2020

The Cyprus Parliament has proceeded with the amendment of a number of provisions in the Assessment and Collection of Taxes Law 4/78. The amendments have been published in the Government Gazette on the 20 August 2020 and relevant circular has been issued by the Cyprus Tax Department on 28 August 2020.

October
2020

We would like to inform you that the following amendments in the Income Tax Law which concern the tax treatment of intangible assets (other than intangible assets which benefit from the transitional provisions of the old Cyprus IP Regime) have been published in the Government Gazette, with effect as from 1 January 2020.

October
2020

Following the amendment of the relevant EU Directive allowing EU Members an option to defer the time limits for the filing and reporting of cross-border arrangements under DAC6, the Cyprus Tax Department announced a six month deferral in reporting.

August
2020

We would like to inform you that the Cyprus Parliament has voted into law the following anti-tax avoidance measures under the European Union (EU) Anti-Tax Avoidance Directive (ATAD).

August
2020

Further to our Newsletter issue 02/2020, we would like to inform you that the House of Representatives has voted an additional extension to the deadline for the settlement of overdue taxes law.

August
2020

The Cyprus Securities and Exchange Commission ("CySEC") has carried out a review of the circumstances that are considered by Cyprus Investment Firms (the "CIFs") when applying inactivity fees to clients ("the Review") to ensure compliance with the provisions of Article 25(1) of the Investment Services and Activities and Regulated Markets Law ("the Law").

July
2020

The European Banking Authority ("EBA") published its final Guidelines on the treatment of structural FX positions.

June
2020

We would like to bring to your attention that the deadline for the first temporary tax installment for the tax year 2020 is approaching.

June
2020

The present Circular is issued pursuant to section 25(1)(c)(ii) & (iii) of the Cyprus Securities and Exchange Commission Law ("the CySEC Law").

June
2020

We would like to inform you that on the 23 June 2020 it was published in the Official Gazette of the Government the decree K.D.P 268/2020 issued by the Council of Ministers.

Publications


FEBRUARY ICAS Newsletter - Issue 07/2021
The European Banking Authority ("EBA") published its final draft Implementing Technical Standards ("ITS") on the disclosure of indicators of global...
22 February 2021
FEBRUARY ICAS Newsletter - Issue 06/2021
The Cyprus Securities and Exchange Commission ("the CySEC") wishes with the present, which is issued pursuant to paragraph 37A of...
17 February 2021
FEBRUARY ICAS Newsletter - Issue 05/2021
With the entry into force of the Investment Firms Regulation (EU) 2019/2033 ("IFR") and Investment Firms Directive (EU) 2019/2034 ("IFD")...
08 February 2021
JANUARY ICAS Newsletter - Issue 04/2021
The European Insurance and Occupational Pensions Authority ("EIOPA") published the second paper in a series of papers on the methodological...
01 February 2021
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